Hunterdon Central Regional High School Hunterdon Central Regional High School

2009-2010 Proposed Budget2009-2010 Proposed Budget

Educational HighlightsEducational Highlights

Provides a safe and secure learning environment.Provides a safe and secure learning environment. Maintains an outstanding instructional program.Maintains an outstanding instructional program. Provides programs to keep more students in-district.Provides programs to keep more students in-district. Maintains a reduced administrative structure.Maintains a reduced administrative structure. Maintains streamlined co-curricular activities.Maintains streamlined co-curricular activities. Continues innovative technology learning practices.Continues innovative technology learning practices. Maintains all State-mandated programs. Maintains all State-mandated programs. Includes commitment to efficient school operations.Includes commitment to efficient school operations.

Budget HighlightsBudget Highlights

Freezes operating budget to 0% increase.Freezes operating budget to 0% increase. Limits total levy increase to 1.5% - $1,174,981 under the State Limits total levy increase to 1.5% - $1,174,981 under the State

Cap. Cap. Freezes senior administrator salaries for 2009-2010.Freezes senior administrator salaries for 2009-2010. Holds department budgets to zero increase for the 3Holds department budgets to zero increase for the 3rdrd

consecutive year.consecutive year. Offsets fixed cost increases for salaries, benefits and utilities by: Offsets fixed cost increases for salaries, benefits and utilities by:

* 6 less staff positions * Administrative cost reductions * 6 less staff positions * Administrative cost reductions * Lower insurance costs * Operating expense reductions* Lower insurance costs * Operating expense reductions

Limits per pupil administrative costs to $288 below State Limits per pupil administrative costs to $288 below State regional average.regional average.

Utilizes $1,393,434 in State grants to fund facility projects.Utilizes $1,393,434 in State grants to fund facility projects. Reduces out-of-district Special Education costs by $256,310.Reduces out-of-district Special Education costs by $256,310. Aggressively pursues shared service and revenue-generating Aggressively pursues shared service and revenue-generating

opportunities.opportunities. State Aid Revenue of $6,981,075 unchanged from last year.State Aid Revenue of $6,981,075 unchanged from last year. Fund balance of $3,818,139 used to reduce tax levy.Fund balance of $3,818,139 used to reduce tax levy.

Financial HighlightsFinancial Highlights

Summary of Major Budget ChangesSummary of Major Budget ChangesItemItem AmountAmount

Salary Increases (net of staff reductions) Salary Increases (net of staff reductions) $980,825$980,825Medical Insurance / Employee BenefitsMedical Insurance / Employee Benefits 477,290 477,290UtilitiesUtilities 314,000314,000

Student TransportationStudent Transportation (97,890) (97,890) Out-of-District Tuition Out-of-District Tuition (184,265) (184,265) Capital/Maintenance ProjectsCapital/Maintenance Projects (985,610)(985,610)Equipment ReplacementEquipment Replacement (274,790)(274,790)Administration (114,790)Administration (114,790)InstructionInstruction (80,540)(80,540)

All Remaining Budget AccountsAll Remaining Budget Accounts (34,230)(34,230)Total Operating BudgetTotal Operating Budget $0 $0

Grant Fund Budget AccountsGrant Fund Budget Accounts (21,000) (21,000) Debt Service Budget AccountsDebt Service Budget Accounts 21,00021,000

Total ChangeTotal Change $0 $0

Summary of Major Budget ChangesSummary of Major Budget ChangesItemItem AmountAmount

Salary Increases (net of staff reductions) Salary Increases (net of staff reductions) $980,825$980,825Medical Insurance / Employee BenefitsMedical Insurance / Employee Benefits 477,290 477,290UtilitiesUtilities 314,000314,000

Student TransportationStudent Transportation (97,890) (97,890) Out-of-District Tuition Out-of-District Tuition (184,265) (184,265) Capital/Maintenance ProjectsCapital/Maintenance Projects (985,610)(985,610)Equipment ReplacementEquipment Replacement (274,790)(274,790)Administration (114,790)Administration (114,790)InstructionInstruction (80,540)(80,540)

All Remaining Budget AccountsAll Remaining Budget Accounts (34,230)(34,230)Total Operating BudgetTotal Operating Budget $0 $0

Grant Fund Budget AccountsGrant Fund Budget Accounts (21,000) (21,000) Debt Service Budget AccountsDebt Service Budget Accounts 21,00021,000

Total ChangeTotal Change $0 $0

Proposed 2009-2010Expense BudgetProposed 2009-2010Expense Budget

RevisedRevised

BudgetBudget

ProposedProposed

BudgetBudget

PercentPercent

of Totalof Total DollarDollar

EXPENSESEXPENSES 2008-20092008-2009 2009-20102009-2010 2009-20102009-2010 ChangeChange

Regular EducationRegular Education $18,918,631$18,918,631 $19,559,500$19,559,500 31.3%31.3% $640,869$640,869

Special EducationSpecial Education 8,368,3358,368,335 8,269,1708,269,170 13.2%13.2% (99,165)(99,165)

Instructional SupportInstructional Support 5,081,5805,081,580 5,061,8305,061,830 8.1%8.1% (19,750)(19,750)

AdministrationAdministration 3,566,8153,566,815 3,471,6603,471,660 5.6%5.6% (95,155)(95,155)

Facility OperationsFacility Operations 6,329,2206,329,220 5,972,6255,972,625 9.6%9.6% (356,595)(356,595)

TransportationTransportation 3,982,8353,982,835 3,979,2403,979,240 6.4%6.4% (3,595)(3,595)

Employee BenefitsEmployee Benefits 9,741,8059,741,805 10,219,09510,219,095 16.4%16.4% 477,290477,290

Capital Outlay/Equip.Capital Outlay/Equip. 3,379,8343,379,834 2,835,9352,835,935 4.5%4.5% (543,899)(543,899)

Total General FundTotal General Fund 59,369,05559,369,055 59,369,05559,369,055 95.1%95.1% 00

Grant FundGrant Fund 604,711604,711 583,711583,711 0.9%0.9% (21,000)(21,000)

Debt Service FundDebt Service Fund 2,506,0502,506,050 2,527,0502,527,050 4.0%4.0% 21,00021,000

TOTAL BUDGET:TOTAL BUDGET: $62,479,816$62,479,816 $62,479,816$62,479,816 100.0%100.0% $0$0

Proposed 2009-2010Expense BudgetProposed 2009-2010Expense Budget

Capital Outlay 5%Capital Outlay 5%

Employee Benefits 16%Employee Benefits 16%

Regular Education 31%Regular Education 31%

Special Education 13%Special Education 13%

InstructionalSupport 8%

InstructionalSupport 8%

Administration 6%Administration 6%

Facility Operations 10%Facility Operations 10%

Transportation 6%Transportation 6%

Grant Fund 1%Grant Fund 1%Debt Service 4%Debt Service 4%

RevenueRevenue

Revised BudgetRevised Budget2008-20092008-2009

ProposedProposed BudgetBudget

2009-20102009-2010$ Change$ Change

General FundGeneral Fund

Budgeted Fund BalanceBudgeted Fund Balance $3,815,014$3,815,014 $3,818,139$3,818,139 $3,125$3,125

Local Tax LevyLocal Tax Levy 47,648,77147,648,771 48,379,74148,379,741 730,970730,970

OtherOther 190,100190,100 190,100190,100 00

Total Local FundsTotal Local Funds $51,653,885$51,653,885 $52,387,980$52,387,980 $734,095$734,095

State AidState AidPY Encumbrance AdjustmentPY Encumbrance Adjustment

6,981,0756,981,075734,095734,095

6,981,0756,981,07500

00(734,095)(734,095)

Total General FundTotal General Fund $59,369,055$59,369,055 $59,369,055$59,369,055 $0$0

Special Revenue Fund (Grants)Special Revenue Fund (Grants) 604,711604,711 583,711583,711 (21,000)(21,000)

Debt Service FundDebt Service Fund

Budgeted Fund BalanceBudgeted Fund Balance 11,02611,026 5757 (10,969)(10,969)

Local Tax LevyLocal Tax Levy 2,365,4932,365,493 2,399,3992,399,399 33,90633,906

State AidState Aid 129,531129,531 127,594127,594 (1,937)(1,937)

Total Debt Service FundTotal Debt Service Fund $2,506,050$2,506,050 $2,527,050$2,527,050 21,00021,000

TOTAL REVENUESTOTAL REVENUES $62,479,816$62,479,816 $62,479,816$62,479,816 $0$0

Revenue SourcesRevenue Sources

Grants, 0.9%Grants, 0.9%Grants, 0.9%Grants, 0.9%

Local Taxes, Local Taxes, 87.7%87.7%

Local Taxes, Local Taxes, 87.7%87.7%

State Aid, State Aid, 11.4%11.4%

State Aid, State Aid, 11.4%11.4%

Percentage Share of Tax LevyPercentage Share of Tax Levy

06-0706-07 07-0807-08 08-0908-09 09-1009-10

DelawareDelaware 10.610.6 10.810.8 10.710.7 10.410.4

East AmwellEast Amwell 8.38.3 7.37.3 6.96.9 7.27.2

FlemingtonFlemington 6.26.2 5.35.3 5.45.4 4.74.7

RaritanRaritan 40.440.4 41.241.2 40.940.9 40.640.6

ReadingtonReadington 34.534.5 35.435.4 36.136.1 37.137.1

TOTALTOTAL 100.0100.0 100.0100.0 100.0100.0 100.0100.0

Tax Levy Allocation Tax Levy Allocation

% Share% Share Total Tax LevyTotal Tax Levy

DelawareDelaware 10.4%10.4% $5,256,928.85$5,256,928.85

East AmwellEast Amwell 7.2%7.2% $3,681,970.71$3,681,970.71

FlemingtonFlemington 4.7%4.7% $2,377,580.89$2,377,580.89

RaritanRaritan 40.6%40.6% $20,591,634.77$20,591,634.77

ReadingtonReadington 37.1%37.1% $18,871,024.78$18,871,024.78

Projected School Tax Ratefor 2009 per $100,000Projected School Tax Ratefor 2009 per $100,000

20082008 20092009 ChangeChange

DelawareDelaware $595$595 $581$581 -$14-$14

East AmwellEast Amwell $435$435 $469$469 +$34+$34

FlemingtonFlemington $494$494 $479$479 -$15-$15

RaritanRaritan $474$474 $511$511 +$37+$37

ReadingtonReadington $630$630 $653$653 +$23+$23

On the BallotOn the Ballot

Election of Board of Education members:Election of Board of Education members: One from DelawareOne from Delaware One from FlemingtonOne from Flemington One from ReadingtonOne from Readington

General Fund Budget:General Fund Budget: Resolved that there should be raised forResolved that there should be raised for

General Funds $48,379,741 for the ensuing school year General Funds $48,379,741 for the ensuing school year 2009-2010, to be allocated as follows:2009-2010, to be allocated as follows:

DelawareDelaware $ 5,008,530.20$ 5,008,530.20East AmwellEast Amwell $ 3,507,811.46$ 3,507,811.46FlemingtonFlemington $ 2,265,236.23$ 2,265,236.23RaritanRaritan $ 19,618,645.70$ 19,618,645.70ReadingtonReadington $ 17,979,337.41$ 17,979,337.41

on April on April 21st21st

on April on April 21st21st

Vote is only on the Operating BudgetVote is only on the Operating Budget

Polls open from 7:00 a.m. to 9:00 p.m.Polls open from 7:00 a.m. to 9:00 p.m.Polls open from 7:00 a.m. to 9:00 p.m.Polls open from 7:00 a.m. to 9:00 p.m.